Volunteer Alexandria Inc
Analysis
Volunteer Alexandria Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Volunteer Alexandria Inc reported income of $324k and spending of $284k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $253k to $324k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 81% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Volunteer Alexandria Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Petty Family Foundation Inc ($324k), The Travelers Foundation ($324k) and Choptank Electric Trust Inc ($324k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $81k (28% of expenses). Other salaries and wages came to $71k. At year end it held assets of $580k against liabilities of $51k, net assets of $528k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 64%
- Other 6.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Petty Family Foundation Inc | Randleman | $324k |
| The Travelers Foundation | Thousand Oaks | $324k |
| Choptank Electric Trust Inc | Denton | $324k |
| Shepherds Home Foundation Inc | McCall | $325k |